Approval under section 35(1)(ii): organisation must keep separate research accounts and file annual returns plus audited accounts. Approval granted to Diabetic Association of India as an Institution under section 35(1)(ii) requires the organisation to maintain a separate account for scientific research receipts, furnish an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, and submit audited annual accounts showing income, expenditure, assets and liabilities to designated tax and research authorities by 30 June. The approval is effective from 1 April 1990 to 31 March 1992 and contains prescribed procedures for applying for extension of approval.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Approval under section 35(1)(ii): organisation must keep separate research accounts and file annual returns plus audited accounts.
Approval granted to Diabetic Association of India as an Institution under section 35(1)(ii) requires the organisation to maintain a separate account for scientific research receipts, furnish an annual return of scientific research activities to the Secretary, Department of Scientific and Industrial Research by 31 May, and submit audited annual accounts showing income, expenditure, assets and liabilities to designated tax and research authorities by 30 June. The approval is effective from 1 April 1990 to 31 March 1992 and contains prescribed procedures for applying for extension of approval.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.